Mumbai based FNB City Media, which operates hyperlocal nightlife mobile app Happitoo, has secured about R50 Lac in an angel round led by a Mumbai based unnamed investor.
The funding will be used towards product development and marketing activities. Founded in 2013 by Hemant Jain and Ravi Raj Meena, Happitoo is a location based nightlife experience platform that enables users to explore, discover and socialize over food, drinks, dance, music, live events, theme nights and real time offers at restaurants, pubs, clubs and lounges.
The android app has seen over 23,000 downloads so far and claims to provide information on over 8000+ nightspots spread across more than 700 locations in 15 cities including Delhi, Gurgaon, Noida and Mumbai among others. The startup competes with players like Instabounce, Partiko and DuPlay operating in similar space.